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Brazil Lubricants Market Outlook to 2025 - Synthetic Oil Segment to Witness the Fastest Growth in Brazil Lubricants Industry and is projected to Grow at CAGR of 3.4% during 2019-2025: Ken Research


Key Findings
The Brazilian government is looking forward to invest ~USD 1.5 trillion in infrastructure projects in the country in the coming years and is rapidly investing in public-private partnership projects. The rising construction & manufacturing activity in the country will become the principal driver for the growth of industrial lubricants in the country.
State owned oil company, Petrobras, is planning to increase its lubricant production capacity by 2022 which would increase its total production capacity to 22,500 m
3 per. The company is also planning to add an API group II base oil plant with a capacity of 1,300 m
3 per day
.
The adoption of online channels for purchasing lubricants is slowly increasing as a result of the Covid-19 pandemic. In 2020, Castrol Brasil expanded its online presence by partnering wwith Fortbras to establish the brand s presence on the Hipervajero website & marketplaces such as Mercado Livre, Americanas.com & Magazine Lu ....

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Technology Start-ups in Electric 3W are looking to manufacture an Alternate Eco-Friendly Mobility Option at a Cheaper Running Cost Expected to Drive the Electric 3W Market in India: Ken Research


Key Findings
Electric 3 Wheelers accounted for only about 1% of the 2.8 lakh electric vehicles that availed purchase subsidies through Phase-1 of the Faster Adoption and Manufacturing of Electric Vehicles (FAME-I) scheme between April 2015-March 2019.
Amazon plans to add 10,000 electric rickshaws to its delivery fleet in India by 2025. Similarly, furnishing giant IKEA, and retail joints like Big Basket, Flipkart and Grofers are among those increasingly relying on e-rickshaws for clean and economical last-mile delivery.
Emerging Trends in Electric 3W Market: The government of India began allowing the sale of e-3Ws without battery which significantly reduces purchase cost. The lightweight and compact nature of lithium-ion batteries, used in e-3Ws, makes it well-suited for the battery swapping model. In this model, a discharged battery can be replaced immediately with a fully charged one, offering consumers an experience similar to the re-fuelling of ICE vehicles. While ....

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